Acceptance of any contribution, gift or grant is at the discretion of the Packard Proving Grounds. The Packard Proving Grounds will not accept any gift unless it can be used or expended consistently with the purpose and mission of The Packard Motor Car Foundation.

No irrevocable gift, whether outright or life-income in character, will be accepted if under any reasonable set of circumstances the gift would jeopardize the donor’s financial security.

The Packard Proving Grounds will refrain from providing advice about the tax or other treatment of gifts and will encourage donors to seek guidance from their own professional advisers to assist them in the process of making their donation.

The Packard Proving Grounds will accept donations of cash or publicly traded securities. Gifts of in-kind services will be accepted at the discretion of the Packard Proving Grounds.

Certain other gifts, real property, personal property, in-kind gifts, non-liquid securities, and contributions whose sources are not transparent or whose use is restricted in some manner, must be reviewed prior to acceptance due to the special obligations raised or liabilities they may pose for Packard Proving Grounds.

The Packard Proving Grounds will provide acknowledgments to donors meeting tax requirements for property received by the charity as a gift. However, except for gifts of cash and publicly traded securities, no value shall be ascribed to any receipt or other form of substantiation of a gift received by Packard Proving Grounds.

The Packard Proving Grounds will respect the intent of the donor relating to gifts for restricted purposes and those relating to the desire to remain anonymous. With respect to anonymous gifts, the Packard Proving Grounds will restrict information about the donor to only those staff members with a need to know.

The Packard Proving Grounds will not compensate, whether through commissions, finders' fees, or other means, any third party for directing a gift or a donor to the Packard Proving Grounds.

About Packard Proving Grounds

The Packard Proving Grounds is owned by The Packard Motor Car Foundation & is a non-profit 501(c)(3) organization. It is funded by foundation grants, individual & corporate contributions, service groups & events. All donations to The Packard Motor Car Foundation are tax-deductible to the full extent permitted by law.